On July 18, Yinglefei Semiconductor (Nanjing) Co., Ltd. changed its business registration information and added several new shareholders, including Hubei Xiaomi Changjiang Industrial Investment Fund Partnership. The registered capital of the company also increased from 1.1 million yuan ($163,176) to 1.2 million yuan, an increase of 9.09%.
The company was established in 2021 and its legal representative is Xu Yang. Its business scope covers the sales of semiconductor components, electronic products, and of communication equipment, among other such products.
Up until now, Xiaomi Changjiang has invested in many enterprises engaging in the chipset business. Sun Changxu, managing partner of Xiaomi Production and Investment, said that the company has invested in nearly 100 chip enterprises, including companies that work with RF front-end, MCU, AI chip, semiconductor materials and components and wafer production equipment. The investments focus on smartphones and smart cars as their core and branch out to related fields.
As for Xiaomi‘s future investment plans, Sun Changxu mentioned that “In the next stage, driven by the new round of intelligent electric vehicles and new energy vehicles, a group of higher-end chip companies will be supported for development, including high-end automotive intelligent driving chips, as well as high-end power chips and analog chips that are often ignored in the automotive field. Many companies will stand out in these fields.”
In addition, Xiaomi has released products related to chip design. In 2017, the company released an independently developed SoC chip, the Surge S1, but suspended the process due to the technical, patent and capital barriers. It was not until March 2021 that Xiaomi launched its own independently developed ISP chip Surge C1, and at the end of 2021, it launched its charging battery Surge P1.